How ATMS at Cannabis Dispensaries is Emerging As a Reliable Cash Solution

Cannabis dispensaries have always been susceptible to frequent fluctuation of laws around marijuana and banking. With a lot going on, it’s a smart move for dispensaries to keep cash at all times. Because of this, it has become important for dispensaries to choose a reliable and reputable ATM service.

The introduction of affordable ATM has paved a way for cannabis dispensaries to make sales and have access to cash solutions that are disguised as cash withdrawals. This is a clever maneuver to dodge banks’ hesitation related to marijuana-based transactions.

The process is no hard guess. Dispensaries miscode cannabis and marijuana purchases as ATM withdrawals and then make the best use of a cashless ATM—that often looks identical to a card reader-take the funds from the customer’s account without any hassle. 

Here’s every important detail you need to know about ATM service for your cannabis business:

What’s the big deal? 

Many cannabis-related businesses know the struggle is real to find a bank that will cooperate with them because of the variable legal status of marijuana.

Federally speaking, marijuana is still illegal and many banks are extremely cautious of violating federal anti-money laundering laws by entertaining any  cannabis or marijuana related business. Henceforth, none of the major banks accept cannabis dispensaries or marijuana-related businesses as clients.

 What impact can banking have on cannabis?

 With reliable ATM services gaining momentum, most dispensaries across the country are conducting the majority of their transactions via this cash solution. 

With OG ATM extending free ATM making it easy for these businesses to get exact service you require, with a variety of options and with over four years of experience with dispensary ATMs.

Having 15 years of experience, we are well-abreast with complexities involving cash solutions that are well known to us and we are actively involved in keeping up with latest regulations so that your business can effectively mind its own.

Final Thoughts

If you are planning to buy, lease, or profit share ATM solutions for your marijuana business- make sure you invest in a reliable service.